AIG Specialty Boosts Its Capacity for Public Entity Liability

April 3, 2007

AIG Specialty Excess, an umbrella and excess casualty underwriting unit of the AIG Companies, has increased its capacity of excess liability insurance for public entities to $25 million from $15 million.

AIG Specialty Excess will offer the increased capacity of $25 million on all commercial umbrella and excess casualty policies for public entities. The new capacity will be available for not only states, counties and cities, but also educational institutions, transit authorities, utilities and other public agencies.

The $25 million capacity will be available on a broad occurrence-based form.

Source: AIG

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